Germany and Russia have been at odds since Moscow annexed Crimea from Ukraine in 2014.
Read More »Saudi Arabia will Establish $10 Billion Refinery in Pakistan
Saudi Arabia wants to make Pakistan’s economic development stable through establishing an oil refinery.
Read More »Aramco will Issue 1st Ever Global Bond This Year
The move comes as it seeks to finance the acquisition of petrochemical giant Sabic.
Read More »Iraqi PM Greets Close Ties with Iran
Iranian FM Zarif will lead a high-ranking politico-economic delegation to Iraq after concluding his visit to India.
Read More »Iran’s FM to Travel to India to Deepen Ties
Senior executives from state and private entrepreneurship companies will accompany FM Zarif on this three-day visit.
Read More »OPEC Strategy still a Winner for Members
Given oil’s plummet at the end of last year. OPEC’s strategy to stabilize the market might look a bust.
Read More »Trump: OPEC Is a Monopoly
Trump credits his own talent for having brought down oil prices.
Read More »Iran’s Independence Owed to Nobody
Iran relies on its domestic capabilities for ensuring security and promoting industrial development.
Read More »OPEC Output Falls most in 2 Years as Saudi Cuts Begin
The Saudis curtailed production by 420.000 barrels a day to 10.65 million last month.
Read More »No Barrier to Record Russian Oil Output in 2018
The country expects its total oil output to hold steady over the full year.
Read More »